Mortgage Rates Increase for the Second Consecutive Week
The 30-year fixed-rate mortgage (FRM) averaged 6.32% this week, an increase from last week’s 6.12%, according to the latest Primary ...
Tag: housing recession
Home Prices in Opportunity Zones Fall During Q4
Median single-family home and condo prices decreased from the Q3 to Q4 2022 in 56% of Opportunity Zones around the ...
Builder Confidence Swells, With Hope for 2023 and Beyond
The National Association of Home Builders (NAHB)/Wells Fargo measure of builder confidence shot up in the biggest single-month increase in ...
Mortgage Applications Decrease for Second Time in 3 Weeks
In line with ongoing mortgage rate fluctuations, mortgage applications expectedly continued to follow suit this week decreasing 7.7% from one ...
U.S. Inflation Continues to Drop in January, but Pace Slows
The road to reeling in inflation will take a lot of work, and new reports from the U.S. Bureau of ...
Looming Recession and Housing-Market Correction on the Table in 2023
Most can agree that the housing affordability crisis has been a thorn in the side of many consumers in recent ...
Housing Affordability Hits Record Low, but Turning Point Lies Ahead
Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building ...
Mortgage Mix: Rates Move Slightly While Applications Rebound
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. According ...
Foreclosure Activity Continues to Increase Annually
A total of 31,557 U.S. properties had foreclosure filing in January, up 2% from last month and 36% from a ...
Nearly 9 in 10 Metro Areas Posted Home-Price Gains in Q4 2022
Approximately nine out of 10 metro markets registered home price gains in Q4 2022 despite mortgage rates eclipsing 7%, according ...
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